Dubai Islamic Bank Partners with Crypto.com

Dubai Islamic Bank Partners with Crypto.com to Pioneer Sharia-Compliant Cryptocurrency Solutions

The collaboration MoU with the UAE’s largest Islamic Bank and a globally recognized pioneer in the field of Islamic finance will explore multiple opportunities to introduce Sharia-compliant platforms including tokenized Islamic Sukuks and real-world asset tokenization. Dubai, December 30, 2024 — Crypto.com has announced the signing of a Memorandum of Understanding (MoU) with Dubai Islamic Bank […]

Russia is using Bitcoin in Foreign Trade

Russia is using Bitcoin in Foreign Trade, Finance Minister Says

Sanctions have complicated Russia’s trade with its major partners such as China or Turkey, as local banks are extremely cautious with Russia-related transactions to avoid scrutiny from Western regulators. December 25, 2024 Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to […]

Siraj Finance PJSC and ASSNTURE Limited Partner

Siraj Finance PJSC and ASSNTURE Limited Partner to Revolutionize Asset Tokenization

Abu Dhabi, UAE – In a landmark announcement at Abu Dhabi Finance Week (ADFW), Siraj Finance PJSC and ASSNTURE Limited have signed a strategic collaboration agreement to explore innovative solutions in asset tokenization and digital assets. The partnership underscores a shared vision of leveraging blockchain technology to transform financial services and enhance accessibility to high-value […]

ORO launches as first App built on Fasset L2 Network

ORO launches as first App built on Fasset L2 Network, unlocking $1bln of Tokenized Gold on-Chain

$1 billion of yield-bearing gold to be tokenized within the first year. Dubai, UAE – Fasset, a digital asset platform focused on enhancing financial inclusion in high-growth markets, today announced the introduction of ORO, the first application built on its Ethereum Layer 2 network, Own, in partnership with The Own Foundation. Through tokenization, ORO users will be […]

DMCC Crypto Centre Launches Metaverse

DMCC Crypto Centre Launches Metaverse, Driving Web3 Engagement Through Landmark Digital Twin

DMCC has announced the launch of the DMCC Crypto Centre Metaverse, representing a landmark application of the technology for one of the world’s leading Web3 ecosystems. Developed with Infinite Reality, a global leader in immersive technologies, the Metaverse will feature engaging gamified zones, including a trading game and a treasure hunt, offering exciting prizes for […]

Bitpanda Secures In-Principle Approval from VARA

Bitpanda Secures In-Principle Approval from VARA, Set to Expand Operations in UAE

Middle East expansion: Company strengthens international presence and signals commitment to Middle East by opening its first non-European office in Dubai. Dubai, UAE – Bitpanda, Europe’s leading crypto platform, is accelerating its global growth by obtaining an in-principle approval from the Virtual Assets Regulatory Authority (VARA) in under 8 months from submission. Once officially licensed Bitpanda […]

Fuze Partners with Fils

Fuze Partners with Fils to Launch the First Digital Asset Sustainability Solution in the Region

This partnership represents a critical milestone for both companies as they combine advanced financial solutions with bold environmental action. Abu Dhabi, UAE: In a groundbreaking partnership poised to reshape the region’s financial and environmental landscape, Fuze, a leading digital assets infrastructure provider in MENA, and Fils, an award-winning platform embedding sustainability and climate action into business […]

Zand Revolutionizes UAE Banking with Institutional-Grade Digital Asset Custody

Zand Revolutionizes UAE Banking with Institutional-Grade Digital Asset Custody

Dubai, United Arab Emirates: Zand, the UAE’s first fully licensed, AI-powered digital bank, is proud to announce the launch of its Digital Asset Custody services. This innovative offering, approved by the Virtual Asset Regulatory Authority (VARA), positions Zand as the first UAE bank to provide institutional-grade digital asset custody services under its banking license.Designed for corporate […]

UAE first-ever Stablecoin receives final CBUAE License to launch

AE Coin: UAE first-ever Stablecoin receives final CBUAE License to launch

Abu Dhabi, UAE: AE Coin has secured the final Central Bank of the UAE (CBUAE) license to launch, marking a significant milestone in the evolution of digital finance. Developed under the CBUAE’s digital payment token services framework and aligned with the UAE government’s forward-looking vision, AE Coin is set to revolutionize the financial services landscape, promising […]